Investindustrial
Investindustrial is a leading European group of independently managed investment, holding and advisory companies with €11 billion of raised fund capital. Investindustrial joined the Net Zero Asset Managers Initiative in November 2021 and made its Initial Target Disclosure in November 2022.
98% of total AUM
initially committed to be managed in line with net zero
USD $11 billion
currently committed to be managed in line with net zero
Information on interim target(s) covering the proportion of assets to be managed in line with net zero
Baseline(s):
0% of portfolio companies setting a Science Based Target.
Target(s):
100% of portfolio companies setting a Science Based Target.
GHG scopes included:
Complete coverage of scope 1, 2 and 3 (all categories incl. category 15). Financed emissions cover scope 1, 2 and 3 (categories 1-14) for investee companies.
Methodology:
Science Based Target initiative for Financial Institutions
Scenario(s):
IPCC special report on global warming of 1.5°C, IEA Net Zero 2050
Additional information
Proportion of AUM committed:
Minority investments with less than 20% shareholding, no board representations and voting rights are currently excluded.
Positions in publicly listed entities are also excluded.
Policy on coal and other fossil fuel investments:
Yes. Investindustrial does not invest in companies directly engaging in the exploration, development and production of oil and/ or gas as well as the power generation from oil and/ or gas., or directly engaging in the extraction, exploration, processing/ refinement of and/ or power generation from thermal coal as well as involved in the construction (including expansion and upgrading) of a coal-fired power plant. Refer to the Responsible Investing Policy available publicly on Investindustrial’s website. The Responsible Investing Policy applies to 100% of AUM.
Further information:
Investindustrial discloses emissions of all portfolio companies, funds and firm emissions on its website and via the annual report and sustainability review since 2016. Investindustrial’s climate reporting is in line with TCFD since 2020.
Annual Report and Sustainability Review
Science Base Targets Commitments